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Search Results 0 to 12 of about 13 (some duplicates have been removed)
Jan 6, 2013 6:00pm PST
says he will not negotiate over the debt ceiling. he should not. this is something that is artificial. >> will the new congress make a difference? more women, more latinos, gays and lesbians. will the makeup of congress make a difference? >> if anything, congress is more polarized because of redistricting. this is part of the problem. >> you do not see a ted cruz of texas and elizabeth warren coming to terms over legislation? >> i doubt it. there's another thing here that i just want to mention. the president says he will not negotiate a bar raising the debt ceiling. that is paying the bills we have already incurred a, not setting a new standard. he has to negotiate, but he also has the possibility, instead of just letting us rolling the dice as simply saying he's going to break it. if he does that, there will be a court case, but that will take time. >> they want to jeopardize the full faith and credit of the united states by refusing to raise the debt limit, they will pay the consequences. >> you may want to refer to an impassioned speech obama gave in 2006 against raising the debt
FOX News
Jan 6, 2013 7:00pm PST
: the president says there's not going to be a fight over the debt ceiling we know the money has running out at this point and they have to do something and republicans have held it out during the fiscal cliff negotiations as the next best opportunity to negotiate and democrats need their votes to get that ceiling raised, but the white house says we're not going to negotiate and there's not going to be a fight. >> that's not what the republican said is saying. john boehner, speaker boehner after not getting half of his caucus, having to depend on democrats for the fiscal cliff vote is now saying that we gave in on taxes, now it's time for spending cuts, serious entitlement reforms, which is where, you know, the the bulk of our long-term fiscal problems are. and this is going to be used, the debt ceiling is going to be used to get cuts. mitch mcconnell has said something similar. so you have the president saying one thing, but those in the house and senate, the republican leaders, saying something completely different. >> shannon: yeah, they think this is going to be all about spending ab tha
Jan 7, 2013 2:00pm PST
for a shutdown. i don't know that he would be ready to refuse to lift the debt ceiling, but he sees himself as having won something, chris. and i think boehner sees himself as having lost something and win back the republicans. i think we're still in for an ugly few months. >> what a country. let's drop left wing, right ring. we're the city on the hill, right? what a joke. we're teaching democracy this way? >> i'm not sure the framers of the constitution envisioned a day when the members of congress would hold the president hostage without paying their own building. you have the c.r., continuing resolution running out in march. you have the sequestration deadline and the debt ceiling hitting at the same time. this is going to be a three ring cliff, three cliff circus coming up very soon. and if you have this group that doesn't believe in compromise, it's going to be very hard to get through this wouithout a lo of blood in the water. >> i hope this goes away. anyway, thank you. thank you, it ought to be about building, not destroying. thank you. anyw anyway, when we return, let me finish wit
Jan 7, 2013 3:00am PST
that flow from that. as you know, after the debt ceiling was resolved in the summer of 2011, america's credit rating was downgraded. johningler was the republican governor of michigan and said the following. he said this is to bloomberg news. it's a terribly blunt, clumsy instrument to try to use. it's not a good weapon for anything except destroying our own credit rating. so i understand your views about spending, and we can continue on that. but just as a matter of how you try to force those spending cuts, you heard the president. he said he will not negotiate over increasing the debt ceiling. you're saying despite whatever the business community thinks, you may have to push it to the brink once again. >> what we're seeing here is the problem, the biggest problem confronting the country, is our excessive spending. if we're not going to deal with it now, when are we going to deal with it? we have watched the government explode over the last four years. we've dealt with the revenue issue. now the question is, will the president lead? you know, why should we have to be bringing him to
Jan 7, 2013 12:00pm EST
the hard decisions on the debt ceiling have been pushed. we know first quarter numbers are probably too high. but something else is happening that is even bigger which is a massive reallocation out of fixed income. at least at the very short end right now. all types of different benefits. from that standpoint, i would say this year we have much more room to run and i don't think we should be talking about when it's over. >> stephanie link, you're going answer my question, aren't you? >> i did. >> answer the question. we're rocking. we're okay. >> i think it can go higher because the u.s. economy is starting to improve. friday, we got good job numbers, right? they were in line, but the underlying numbers were pretty good in terms of hourly earnings, private sector job growth. certainly we all know about housing, that sort of things. so i think the u.s. is on better footing. i think the global picture also is getting better. so i think there's certainly places to put your money and to make money. >> doctor j., virtual doc, how do you see the futures shaping up in the market? >> well, judg
Jan 7, 2013 2:00am PST
about a preview of coming attractions and the fights ahead, including the debt ceiling that was so bitterly contested back in the summer of 2011. here is something you said in august of 2011 that i wan t
FOX Business
Jan 7, 2013 6:00pm EST
the wrong bit game. that is the only time that you have leverage. if you don't raise the debt ceiling right away, it's not defaulting on their loans. the treasury secretary can cut other spending. it is basically a government shutdown. republicans have lost that in the past. but i think unless there is something that the president has to lose, you don't have any leverage in the spending cuts. gerri: you know, the far left and far right will think that that -- well, the different analyses of what happened. they think will lives lost in the last debate what do you make of that? the republicans were in a much weaker bargaining position. what speaker boehner was doing anything that taxes went up at midnight on december 31. he actually got a tax cut compared where would've been. everybody else was going to get higher income taxes and they didn't. in this case from the president keeps more than what speaker boehner caved. the. gerri: you make a good point. i wanted to respond one more thing, which i found interesting. steve moore of "the wall street journal" said we had heard that i'm not going t
Jan 7, 2013 4:00pm EST
. we are going to see only cuts as sort of an agreement around this debt ceiling. so does that impact certain sectors and earnings? >> maybe. but we're a wash in liquidity again. we're in that type of market. >> yes. >> i think the economy is going to end up being far stronger than people realize. that will take over and overtake the fiscal austerity. however we get there, i don't think we're going to do europe in terms of austerity. we're not doing greece. these guys are not ready to do that type of deal. i doubt the president will get a trillion dollars in tax increases and in spending cuts. >> we'll leave it there guys. final word, jack. go ahead. >> how we get there doesn't matter much. over the weekend they're going after the energy industry. whether they can get that done or not. that's to be determined. but there's some real sector implications as to how we see this austerity measures coming together. >> good point. thanks, gentlemen. we appreciate it. we'll be watching the markets ahead of earnings for sure. >>> more than 250 retail executives rub elbows at the womens summit i
Jan 7, 2013 7:00am EST
be doing something about the problem. >> there are additional problems that flow from that. after the debt ceiling was resolved in summer 2011, amerco's are grading was -- america's federating list downgradined. i understand your views about spending. how do you for so spending cuts? the president said we will not negotiate over increasing the debt ceiling. you say despite what the business community thinks, you may have to push it to the brink again. >> the biggest problem confronting the country is excessive spending. when will we deal with it? we have watched the government explode over the last four years. we have dealt with the revenue issue. will the president lead? why should we have to bring him to the table whe ? >> senator mitch mcconnell on nbc's "meet the press." should spending be tied to an increase on the debt limit? cited a poller' that cited 72% of respondents -- what do you think? kevin is from south carolina. from new york.eve independent. guest: i am a funny person. i am in the green party i voted conservative. i have been on disability for 38 years. iwatch all of the c
Search Results 0 to 12 of about 13 (some duplicates have been removed)